Jason Bay, New York Mets 'part ways'

The New York Mets and outfielder Jason Bay came to terms for an early expiration of Bay's contract the Mets announced on Wednesday. Bay was slated to earn $16 million in 2013 with a $3 million buy out option for 2014, but New York and Bay have agreed to part ways now.

Bay has been with the Mets since 2010, when he signed a four-year $65 million deal with a fifth year option. With New York, Bay never produced the same kind of numbers he put up with the Pittsburgh Pirates or Boston Red Sox. In three years with the Mets he batted just .234 with 26 home runs and 124 RBIs. In 2012, Bay hit .165 with 8 home runs and 20 RBIs in 70 games.

Bay will receive all the remaining money he is owed by the Mets, but will be paid over several years according to a source. The 34-year-old left fielder is now an unrestricted free agent.